{"data":{"id":"us-il/805-ilcs-105-103.20","jurisdiction":"us-il","citation":"805 ILCS 105/103.20","heading":"","body":"Unauthorized assumption of corporate powers. All persons who assume to exercise corporate powers without authority to so do shall be jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.","path":["CHAPTER 805 BUSINESS ORGANIZATIONS","General Not For Profit Corporation Act of 1986."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2280\u0026ChapterID=65\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"20db002f9b952d34a647a7d6d9013cf075e9314eeb09ccbbfb648eba2b7459a1","source_id":"us-il","stale":false,"prev":"us-il/805-ilcs-105-103.15","next":"us-il/805-ilcs-105-103.25"},"notice":"GroundRules: Original legal text. Not legal advice."}